Carbon price sinks as EU vote is delayed

Pricing carbon-linked bonds

The postponement of a crucial vote to decide whether to delay or ‘back-load’ European Union Allowances (EUAs) as part of plans to bolster the EU Emissions Trading System (EU ETS) has caused prices to stumble to all-time lows, say analysts.

At market close on December 4, EUA futures for delivery in December 2012 settled at €5.72 ($7.39), although bounced back to €6.15 by close on December 5, according to Thomson Reuters Point Carbon (see figure 1 – link here or see below).

“Carbon has gone throug

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: